News and Information from Bond Buyer

Philadelphia Mayor-elect Jim Kenney named a Siebert Brandford Shank & Co. senior vice president, Rasheia Johnson, to be the city’s next treasurer.

The Massachusetts Bay Transportation Authority on Thursday terminated some contracts related to its 4.5-mile expansion of its Green Line light rail system north of Boston.

Indicator Last Report Forecast Actual Import Prices Oct.: -0.3% Nov.: -0.7% Nov.: -0.4% Export Prices Oct.: -0.2% Nov.: -0.3% Nov.: -0.6% Initial Claims 11/28: 269,000 12/5: 270,000 12/5: 282,000 Continuing Claims 11/21: 2.161M 11/28: 2.150M 11/28: 2.243M Treasury Budget Oct.: -$136.6B Nov.: -$67.8B Nov.: -$64.6B

The federal government ran a $64.6 billion budget deficit in November, the Treasury Department reported Thursday.

Four potential private partners have submitted financial proposals for Maryland’s $2.16 billion Purple Line light-rail project.

A provision in the new transportation funding law that lifts the ban on using tax-exempt bonds in conjunction with federal loans will result in lower borrowing costs for water utilities, Fitch Ratings said on Thursday.

A California Public Employees’ Retirement System plan to slowly revise investment return assumptions has Gov. Jerry Brown and others concerned that the massive pension fund could be exposing state and local governments to serious financial risk.

The Treasury Department Thursday auctioned $13 billion of 29-year 11-month bonds with a 3% coupon at a 2.978% high yield, a price of 100.430635.

Municipal bonds were stronger at mid-session, traders said, as yields on most top-rated maturities weakened by as much as one basis point.

The Treasury Department said it will auction $16 billion four-year four-month inflation-indexed notes on Thursday, Dec. 17.

The Treasury Department said Thursday it will auction $28 billion 91-day bills and $26 billion 182-day discount bills Monday

Illinois House Speaker Michael Madigan suggested that recently expired income tax rates offer a good starting point in negotiations over the role of revenue in solving a roughly $5 billion budget deficit.

Increases in gross domestic product will be lower than those projected six months ago, as the estimated GDP for the last half of 2015 was lowered to 2.1% from 3.1%, according to the Federal Reserve Bank of Philadelphia's Livingston survey, released Thursday.

Standard & Poor's Ratings Services said it has lowered its long-term rating on Comanche County Hospital Authority (CCHA), Okla.'s revenue refunding bonds issued for Comanche County Memorial Hospital (CCMH) to BB-plus from BBB-minus.

Municipal bond traders are set to see the last of the week's big new issue supply come to market on Thursday.

Dec. 10, 2015 Southeast: Plain/Insured GO Yield Curve* State Ratings One-Year Five-Year 10-Year 30-Year Alabama Aa1/AA/AA+ 0.44 1.32 2.07 3 Florida Aa1/AAA/AAA 0.44 1.34 2.12 3.02 Georgia Aaa/AAA/AAA 0.42 1.26 1.98 2.89 Kentucky Aa2/AA+/AA+ 0.46 1.4 2.18 3.12 Louisiana Aa2/AA/AA 0.55 1.6 2.41 3.35 Mississippi Aa2/AA/AA+ 0.47 1.42 2.23 3.15 North Carolina Aaa/AAA/AAA 0.42 1.26 1.98 2.9 South Carolina Aaa/AA+/AAA 0.42 1.28 2.01 2.93 Tennessee Aaa/AA+/AAA 0.42 1.28 2 2.9 Virginia Aaa/AAA/AAA 0.41 1.25 1.97 2.88 West Virginia Aa1/AA/AA+ 0.44 1.32 2.11 3.05

12/9/2015 12/2/2015 State Iss Amount ($000s) Iss Amount ($000s) Chg in Amt ($000s) Alabama 1 $4,670 0 $0 4,670 Florida 7 288,390 6 228,625 59,765 Georgia 2 207,110 5 363,025 -155,915 Kentucky 5 67,730 9 225,957 -158,227 Louisiana 1 120,000 3 208,645 -88,645 Mississippi 0 0 2 22,045 -22,045 North Carolina 3 77,000 1 6,900 70,100 South Carolina 3 229,620 4 51,810 177,810 Tennessee 3 53,415 3 206,755 -153,340 Virginia 1 6,750 2 60,380 -53,630 West Virginia 0 0 0 0 0

Thursday, December 10 Issuer St Description Amount

Thursday, December 10 Issuer St Description Amount

Week Of December 14 Issuer St Description Amount